The Australian government has announced it will wind back responsible lending laws, making it easier to access credit

Christel Deskins

Treasurer Josh Frydenberg (SMH, Dominic Lorrimer) The federal government is loosening credit restrictions in an attempt to encourage lending. On Friday Treasurer Josh Frydenberg announced the responsible lending laws would be would back, having become “an overly prescriptive, complex, costly, one-size-fits-all regime”. There is some anxiety over the consequences of […]